Can You Afford to Miss Your Milestones? Mitigating Risk in Early Stage Companies

Disclaimer We are not: Insurance Salesmen!!!

We are not:

Insurance Salesmen!!!

What is Income?

What is Income?

Income Defined 1. the monetary payment received for goods or services, or from other sources, as rents or investments. 2. something that comes in as an addition or increase, esp. by chance. 3. Archaic. a coming in. Source: Dictionary.com

1. the monetary payment received for goods or services, or from other sources, as rents or investments.

2. something that comes in as an addition or increase, esp. by chance.

3. Archaic. a coming in.

Source: Dictionary.com

What is Risk?

What is Risk?

Risk Defined 1. exposure to the chance of injury or loss; a hazard or dangerous chance: It's not worth the risk.

1. exposure to the chance of injury or loss; a hazard or dangerous chance: It's not worth the risk.

Common Types of Income Sales Conventional Loans Venture Capital Angel Investment Government Grants Royalties

Sales

Conventional Loans

Venture Capital

Angel Investment

Government Grants

Royalties

Common Forms of Risk Weather, Fire, Flood Contingent Contractual Employment Executive Fiduciary Infringement

Weather, Fire, Flood

Contingent

Contractual

Employment

Executive

Fiduciary

Infringement

Risk Management Techniques Avoidance Mitigation Transfer Retention Financing

Avoidance

Mitigation

Transfer

Retention

Financing

Dealing with Income Risk – Our Philosophy Identification Mitigation Transfer Financing

Identification

Mitigation

Transfer

Financing

Identification Baseline Assessment Risk Assessment Report Risk Management Action Plan

Baseline Assessment

Risk Assessment Report

Risk Management Action Plan

Mitigation Program Evaluation Accountability Metrics Behavioral Based Curriculum Stewardship

Program Evaluation

Accountability Metrics

Behavioral Based Curriculum

Stewardship

Transfer Contractual Nothing Financing

Contractual

Nothing

Financing

Financing Retention Deductible Self-Insurance Insurance

Retention

Deductible

Self-Insurance

Insurance

How Does This Apply to Me?

How Does This Apply to Me?

Follow Us On:

Contact Us David R. Carothers, CIC, CRM – drc@praxiom-rm.com Lance B. Crawford, GBA - lcrawford@praxiom-rm.com Or 888-350-7729

David R. Carothers, CIC, CRM – drc@praxiom-rm.com

Lance B. Crawford, GBA - lcrawford@praxiom-rm.com

Or

888-350-7729